Aditya Birla Fashion and Retail Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
ABFRL · price
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Aditya Birla Fashion and Retail Limited (ABFRL) has submitted the voting results of a postal ballot conducted from February 9 to March 10, 2026, covering three special resolutions. All three resolutions seeking the re-appointment of Independent Directors — Mr. Arun Kumar Adhikari, Ms. Preeti Vyas, and Mr. Yogesh Chaudhary — were approved with the required majority. About 69.93% of outstanding shares participated in voting (around 85.06 crore shares out of 121.64 crore). Promoter group voted 100% in favour across all resolutions. Public institutional investors showed 85.71% support for Adhikari, 86.13% for Vyas, and a much stronger 99.72% for Chaudhary. Public non-institutional (retail) shareholders overwhelmingly backed all three with over 99.93% in favour.
The smooth approval of all three director re-appointments reinforces board continuity and corporate governance stability at ABFRL. There is no material business impact; the high 'against' votes from public institutions on the first two resolutions (around 14%) is worth monitoring but did not affect the outcome.